HomeMy WebLinkAboutOrd 3102 04/21/1981 RDINANCE NO. 3102
AN ORDINANCE AMENDING ORDINANCE NO. 3060 ,
AN ORDINANCE ESTABLISHING A BUSINESS REHABILI-
TATION LOAN FUND AND STANDARDS AND PROCEDURES
IN CONNECTION THEREWITH
WHEREAS, on October 7 , 1980, the President and Board of
Trustees of the Village of Mount Prospect, Cook County, Illinois
passed and approved Ordinance No. 3060 , An Ordinance
Establishing a Business Rehabilitation Loan Fund and Standards
and Procedures in Connection Therewith; and
WHEREAS, the President and Board of Trustees of the Village of
Mount Prospect find it in the best interests of the Village of
Mount Prospect to eliminate the $25.00 nonrefundable application
fee for a Business Rehabilitation Loan required by said Ordinanc~
No. 3060
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS
as follows:
SECTION ONE: Section Eight of Ordinance No. 3060 , An
Ordinance Establishing a Business Rehabilitation Loan Fund and
Standards and Procedures in Connection Therewith be and the sam,
is hereby amended by deleting from the first sentence thereof
the language ", shall be accompanied by a nonrefundable applica-
tion fee of $25.00 and" so that the first sentence of said
Section Eight shall hereafter be and read as follows:
"An application for a Business Rehabilitation Loan
shall be filed with the Director of Community
Development of the Village of Mount Prospect and
shall contain the following information:"
ECTION TWO: This Ordinance shall be in full force and effect
from and after its passage, approval and publication in the
manner provided by law.
Passed this 2ist day of .April
, 1981.
AYES: Farley, Floros, Murauskis, Richardson, Wattenberg
NAYS: None
ABSENT: Miller
Approved this 21st day of April
, 1981.
Attest:
Village Clerk